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Fixed Deposits Or Treasury Bills, Which Is Better? / Fixed Deposit And Treasury Bill Investments From Abroad / I Need Information On Treasury Bills In Nigeria (2) (3) (4)
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Re: Treasury Bills In Nigeria by kaeycea(m): 8:52pm On Oct 25, 2017 |
Hey guys, plus can someone bid the second time on NTB with the same account while the first bid is still running? |
Re: Treasury Bills In Nigeria by mymadam(m): 9:23pm On Oct 25, 2017 |
kaeycea:YES |
Re: Treasury Bills In Nigeria by Curiouscat: 9:40pm On Oct 25, 2017 |
Ah Why evul? Not this kind of worst scenario pls.I am referring to the worst case scenario that is worth it. unite4real: |
Re: Treasury Bills In Nigeria by ekunade: 9:40pm On Oct 25, 2017 |
I seriously think the rates will go high next year, 2018 is very strategic. Asides the fact that they'll need to raise money for budget, election is around the corner. They'll need momey to finance the 2019 election, they'll start new projects nd run to finish old ones just to gain favor. The government will really need funding next year. What do u think? |
Re: Treasury Bills In Nigeria by zamirikpo(m): 10:37pm On Oct 25, 2017 |
I got 16.50 for 99days at stanbic ibtc. Secondary market Today 1 Like |
Re: Treasury Bills In Nigeria by zamirikpo(m): 10:38pm On Oct 25, 2017 |
I got 16.50 for 99days at stanbic ibtc. Secondary market 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 8:19am On Oct 26, 2017 |
zamirikpo:choi..na this secondary market better pass o |
Re: Treasury Bills In Nigeria by cyberwaver(m): 9:47am On Oct 26, 2017 |
zamirikpo: How does secondary market work? |
Re: Treasury Bills In Nigeria by joseph1013: 10:27am On Oct 26, 2017 |
Stanbic secondary rates today 98 days - 16.5% 189 days - 16.55% 273 days - 15.4% |
Re: Treasury Bills In Nigeria by Sach: 11:18am On Oct 26, 2017 |
joseph1013: How did you get the rates. Which branch do you use? At the branch close to me, it is a big production to get secondary rates... Mail would be sent out etc etc |
Re: Treasury Bills In Nigeria by joseph1013: 11:24am On Oct 26, 2017 |
Sach:Idejo Branch, VI, Lagos. |
Re: Treasury Bills In Nigeria by Sach: 2:52pm On Oct 26, 2017 |
joseph1013: Thanks |
Re: Treasury Bills In Nigeria by dotcomnamename: 5:31pm On Oct 26, 2017 |
psychology1: FBN |
Re: Treasury Bills In Nigeria by dejiotus: 6:16pm On Oct 26, 2017 |
Sach: You can get the rate from any Stanbic branch. It is just a matter of asking your account officer to contact the main Stanbic office (global market) that is in charge of Treasury bills secondary market, and you will be provided with all the tenors and rates that are available. Of course you need a very proactive account officer. You also need to be quick in accepting the offer,when you get an offer you like. There are other customers all over the country and outside who are similarly interested. 2 Likes |
Re: Treasury Bills In Nigeria by atilla(m): 9:12pm On Oct 26, 2017 |
^^^^^ I find It's better asking customer service than your account officer Tbillz does not do a nyfin for towards their target so they might not be very responsive to your questions 1 Like |
Re: Treasury Bills In Nigeria by zinnella(f): 7:14am On Oct 27, 2017 |
Partnerbiz:I read from first page to the last page, so it's doable� |
Re: Treasury Bills In Nigeria by dotcomnamename: 9:43am On Oct 27, 2017 |
Thank you moderator. God bless. |
Re: Treasury Bills In Nigeria by dipoolowoo: 11:40am On Oct 27, 2017 |
CBN Sells 203-Day Bills Worth N52.6b at 17.8% Stop Rate https://www.businesspost.ng/2017/10/27/cbn-sells-203-day-bills-worth-n52-6b-17-8-stop-rate/ 2 Likes |
Re: Treasury Bills In Nigeria by maryjay99: 12:26pm On Oct 27, 2017 |
Pls has anyone liquidate a Tb before the maturity date. How is the percentage of the interests that one will forfeit calculated & what is the penalty. This is because I did a Tb of 2m for 180 days @ 13% rate & which is to mature on 3rd Nov but I liquidated on 24th Oct just 10 days remaining but 61k was deducted from the principal amt . I feel the deduction is too much or is it ok from anyone's experience. 1 Like 1 Share |
Re: Treasury Bills In Nigeria by amjustme2: 8:56pm On Oct 27, 2017 |
I think most banks takes minimum of 100k for NTB, 30,000 can go for Saving Bond or Mutual Fund. Aside from that, your request is not very clear, try to be more explicit. OLOBAM: 1 Like |
Re: Treasury Bills In Nigeria by mavinc4u(f): 9:01pm On Oct 27, 2017 |
Please who knows FBN rate? |
Re: Treasury Bills In Nigeria by amjustme2: 9:01pm On Oct 27, 2017 |
Secondary Market becoming more profitable nowadays I think Banks are selling of old subscriptions or more people are coming forward to liquidate. I could be wrong though! Either way, rates will soon caught up with Primary market realities, zamirikpo: |
Re: Treasury Bills In Nigeria by C4Ltd: 9:50pm On Oct 27, 2017 |
maryjay99: na wa o. so six months ago you did 2m @13% for 180 days kaii now they deducted more than half the amount for the remaining 10days shuooo am I sure something isn't well |
Re: Treasury Bills In Nigeria by C4Ltd: 9:57pm On Oct 27, 2017 |
amjustme2:lol what's your point. secondary has always been better. I just wondered why people always form sharp and informed chasing after primaries. I don't stress myself looking out for dates. I just go, ask for available secondary options and invest. today I simply got 16% for 100 days primary probably good for the big multimillion boys/group of boys. 2 Likes |
Re: Treasury Bills In Nigeria by dipoolowoo: 10:54pm On Oct 27, 2017 |
CBN Auctions N92.5b OMO Bills Friday https://www.businesspost.ng/2017/10/27/cbn-auctions-n92-5b-omo-bills/ |
Re: Treasury Bills In Nigeria by unite4real: 6:52am On Oct 28, 2017 |
dipoolowoo: The Auction was on Thursday |
Re: Treasury Bills In Nigeria by Sach: 6:55am On Oct 28, 2017 |
maryjay99: |
Re: Treasury Bills In Nigeria by freeman67: 10:20am On Oct 28, 2017 |
C4Ltd: With primary if you tick reinvestment option, you dont get to loose a day... It will be reinvested at the prevailing market rate automatically... Also if you have up to the CBN minimum amount of 50m you can bid for yourself and probably get a better rate than the banks sometimes. When the rate was stable at 18% and above for 364days the primary market was always better because even if you go to invest a day after...they'll always give you something a lil lower. It looks more attractive now because the rate @ the primary is falling..what they are selling at secondary market now is what was bought higher earlier in the primary market. So it just a matter of timing. 2 Likes |
Re: Treasury Bills In Nigeria by damilola1978: 11:57am On Oct 28, 2017 |
Please House chairmen/Chair-ladies and landlords who has an idea of when the NEXT CBN OMO auction would hold, more like a schedule if possible, because most banks seem not to disclose this information except if you have a good insider in the Treasury or Investment banking department. 1 Like |
Re: Treasury Bills In Nigeria by C4Ltd: 1:37pm On Oct 28, 2017 |
freeman67:I see. I appreciate the break down. Now I understand better. 1 Like |
Re: Treasury Bills In Nigeria by ekunade: 5:43am On Oct 29, 2017 |
Some idiot maade my comment a target nd deleted it. Are we now playing politics here? |
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